"Consumer Financial Protection Bureau." "Osama Bin Laden Dead." “Obama Administration Announces Unilateral Nuclear Weapon Cuts.” Accessed Jan. 21, 2021. What did Barack Obama do for a living? They face increased typhoons, rising sea levels, and more severe droughts., On October 5, 2016, enough countries ratified the agreement that it went into effect. At the 2016 G20 meeting, China and the United States agreed to ratify the agreement. He gained national attention when he spoke on behalf of John Kerry at the 2004 Democratic National Convention. He published "The Audacity of Hope: Thoughts on Reclaiming the American Dream" in 2006. Accessed Jan. 21, 2021. Accessed Jan. 21, 2021. Kimberly Amadeo is an expert on U.S. and world economies and investing, with over 20 years of experience in economic analysis and business strategy. "About FSOC." He enacted the Clean Power Plan in 2015. 1 – Rescued the country from the Great Recession, cutting the unemployment rate … In this election, we offer that choice. Board of Governors of the Federal Reserve System. "Monthly Budget Review: Summary for Fiscal Year 2017." KFF. Businesses received tax cuts for capital improvements and research and development tax credits. "That responsibility resides with all of us." After working as a writer and editor in Manhattan , Barack Obama became a community organizer in Chicago , lectured on constitutional law at the University of Chicago , worked as a civil rights attorney, and then served in the Illinois Senate (1997–2004), as a U.S. senator (2005–08), and as U.S. president (2009–17). Barack Hussein Obama II (/ b ə ˈ r ɑː k h uː ˈ s eɪ n oʊ ˈ b ɑː m ə / bə-RAHK hoo-SAYN oh-BAH-mə; born August 4, 1961) is an American politician and attorney who was the 44th president of the United States from 2009 to 2017. What has Obama done for this country?-I don't really follow politics so forgive me for this question. "Monthly Budget Review—Summary for Fiscal Year 2013." from Columbia University in 1983 and his J.D. On December 12, 2015, Obama and more than 190 other countries announced the Paris Climate Agreement. Countries agreed to reduce carbon emissions and increase carbon trading. Romney failed to capture the country's imagination by not presenting a new vision for economic growth., Obama announced carbon reduction regulations in 2015. Council on Foreign Relations. CBO. Did Obama's Policies Help, Or Hinder, The Economy? It's almost time to close the book on Barack Obama's eight years as president. "Monthly Budget Review: Summary for Fiscal Year 2014." "It's something you were told you could do, but you never really believed it," he said. Accessed Jan. 21, 2021. Accessed Jan. 21, 2021. SEC."Derivatives." A member of the Democratic Party, Obama was the first African-American president of the United States. Deficit Spending - The major mark against Obama is the increase in the national debt. "The Facts on Medicare Spending and Financing." "Fact Sheet: Clean Power Plan by the Numbers." Leadership and the Historic Paris Agreement to Combat Climate Change." Empathy: A Hard Look at a Touchy-Feely Subject, The 2014 GOOD Gift Guide to Beautiful Books, Gender In Sports: Leveling The Playing Field, 28 Of Barack Obama’s Greatest Achievements As President Of The United States, Trump is refusing to unveil Obama's presidential portrait at the White House - GOOD ›, Obama opened up about the personal qualities that make Joe Biden such an exceptional leader - GOOD ›, Watch Jamie Raskin deliver 'heartbreaking' personal account of insurrection in Trump trial, The city of Natchez Mississippi city will pay you $6,000 and $300 more a month to move there, OAN ordered to pay Rachel Maddow and MSNBC $250,000 in a failed defamation lawsuit, Fed up 90-year-old takes an ad out in the paper to tell AT&T's CEO about his slow internet, GM highlights its huge pivot to all-electric vehicles in hilarious Super Bowl ad, AOC hits back with straight facts after Republicans challenge her Capitol attack story. Republican Presidents' Impact on the Economy. Obama oversaw more deportations than George W. Bush did, just as Bush oversaw more than Bill Clinton did. Eight years later, they reflect on how their lives changed and what he did — and didn’t do — for them. Federation of American Scientists. Formally called the Joint Comprehensive Plan of Action (JCPOA), it required Iran to have only sufficient enriched uranium for its energy needs, but not enough to build a bomb. Here are 28 of President Obama's biggest accomplishments as President of the United States. Center for Automotive Research. The books suffer from two similar flaws. Obama used executive action to temporarily give protected status to undocumented people who arrived in the US as children, and curbed deportations from the interior states of the country. Democrat or Republican: Which Political Party Has Grown the Economy More? Accessed Jan. 21, 2021. Office of the United States Trade Representative. These two countries are the world's largest emitters of greenhouse gases. On June 1, 2017, Trump announced the U.S. withdrawal from the agreement, but President Biden declared that the U.S. would be rejoining on his first day in office, January 20, 2021., Obama's policies put more than 10 million people to work from the depths of the recession to the end of his term. They bear the brunt of damage from climate change. The White House: President Barack Obama. Many have drawn comparison to … "White House Fact Sheet: Transatlantic Trade and Investment Partnership (T-TIP)." Arms Control Association. Accessed Jan. 21, 2021. Like Clinton, he will have to chase every minority and ultra liberal Democrat with a basket of goodies and leftist initiatives that will make him unacceptable to most Americans. Center for Climate and Energy Solutions. by. 26 Ways President Obama Has Completely Ruined The Country. U.S. House of Representatives: History, Art, and Archives. Accessed Jan. 21, 2021. CBO. "Health Care in America." The President joined Michael Brown’s parents in calling on anyone who protests to do so peacefully. He received his B.A. Accessed Jan. 21, 2021. She is the President of the economic website World Money Watch. Obama announced carbon reduction regulations in 2015. BuzzFeed Staff. "Obama vs. Romney on Regulation: Where Do the Candidates Stand?" He was a professor of constitutional law for the University of Chicago from 1992 to 2004. NBER. The deal have replaced NAFTA as the world's largest free-trade agreement. “The Paris Agreement.” Accessed Jan. 21, 2021. Amadeo has two master's degrees from MIT's Sloan School of Management and Boston College Graduate School of Social Work, and earned her bachelor's from the University of Rochester. It takes a few months of economic growth before businesses are confident enough to begin hiring again., Maintained Continuation of Federal Reserve Policy - Obama appointed Federal Reserve Vice-Chair Janet Yellen to replace Ben Bernanke. She maintained an expansionary monetary policy. In the heated race for the 2008 Democratic nomination, Obama distinguished himself from the establishment candidate, Hillary Clinton, by campaigning clearly against the war in Iraq and vowing to shut down the Guantánamo military internment camp. What has Barack Obama done for this country that benefits us? "Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output in 2014," Page 2. Rising costs threatened to take over the entire federal budget. In return, Americans received the worst health care in the developed world. "Monthly Budget Review: Fiscal Year 2015," Page 1. To comply, power plants agreed to create 30% more renewable energy generation by 2030. On the campaign trail, Mitt Romney has accused President Obama of making the recession worse. Accessed Jan. 21, 2021. Barack Obama was an inspiration for so many – and that's why we should celebrate his presidency. Race Relations. Voters were not sure about eliminating health benefits and regulations against big banks. " He withdrew troops from Iraq in 2011. He reduced the U.S. nuclear warhead stockpile by 24%., On March 23, 2010, the Affordable Care Act revolutionized healthcare, in part by creating a program that offered insurance to people with pre-existing conditions who had been shut out of the insurance system. By 2014, the economy benefited from having 88% of the population covered by some type of health insurance., The greater number of people receiving preventive care reduced the number of expensive visits to emergency rooms, slowing the rise of health care costs for everyone. Senator in 2005. Accessed Jan. 21, 2021. Center for Climate and Energy Solutions. Congress.gov. He also fully funded the Violence Against Women Act, which addresses the criminality of sexual assault and domestic violence and provides women with the services needed to overcome such atrocities. Tonight, speaking from the White House Briefing Room, President Obama spoke to the American people about the announcement of the grand jury's decision in the death of Michael Brown in Ferguson, Missouri. "Barack Obama is a symbol of what this nation could be, but it would be unfair to place all of the responsibility on one person," he says. Obama delivered on his promise to get American troops out of lraq, and he greatly limited U.S. involvement in Afghanistan. Accessed Jan. 21, 2021. It did this by setting carbon reduction goals for the nation's power plants. In the 2008 campaign he called for change and eight years later we are living in a more prosperous country because of it. As he prepares to leave office, the country he led for eight years is undeniably different. "About." Accessed Jan. 21, 2021. OECD. As the campaign continued, he spoke of economic inequality and connected with young people who were underwhelmed at the prospect of voting for yet another old, white windbag in t… "Health Insurance Coverage of the Total Population." The recession ended in June 2009 when GDP growth turned positive., In fiscal year 2009, the American Recovery and Reinvestment Act pumped $179 billion into the economy. That increased real GDP growth to a robust rate of 3.7% in the first quarter of 2010. By the end of fiscal year 2011, about $725 billion had been spent., Obama bailed out the U.S. auto industry in early 2009. The federal government oversaw the restructuring in exchange for loans and working capital of General Motors and Chrysler, saving more than 4 million jobs. It forced the companies to become more fuel-efficient and much more globally competitive., On October 9, 2009, Obama won the Nobel Peace Prize. Presidents' Salaries During and After Office. CBO. Obama lifted the racial limits for all Americans. JCPOA also instituted inspection requirements. Barack Obama on his book, President Trump, George Floyd, the divisions in the country, and more. Is Trump or Obama Better for the Economy? President Trump did not make any further progress on the TTIP during his time in office. "What Is the Trans-Pacific Partnership (TPP)?" Here’s What Really Happened, CBO Estimate of Changes in Revenues and Direct Spending for S.A. 4753, an Amendment to H.R. 6 Reasons Why Obama Is the Worst President in History Matt Margolis , PJ Media July 28, 2018 Liberals desperately want Obama to be remembered as a … weakened Obamacare even without formal repeal. Barack Obama was born in Hawaii on August 4, 1961. The Congressional Black Caucus will echo their demands and, deprived of any Republican votes, he will be forced to do their bidding. "Paris Climate Agreement." "Trump Withdrawing From Trans-Pacific Partnership." Brookings Institution. CBO. 4853, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010." This article is more than 4 years old. KFF. "Monthly Budget Review: Fiscal Year 2012," Page 1. What's Being Done? "How Repeal of the Individual Mandate and Expansion of Loosely Regulated Plans are Affecting 2019 Premiums." The White House: President Barack Obama. CBO. Eliminated bin Laden Threat and Withdrew Troops from Iraq, 13. International Climate Change Agreement, How Every President Since Hoover Has Affected the Economy, President Donald Trump's Economic Plans and Policies, What Did Obama Do? Accessed Jan. 21, 2021. Accessed Jan. 21, 2021. "The Nobel Peace Prize for 2009." Brian Barnier is the Head of Analytics at ValueBridge Advisors, an editor at Fed Dashboard & Fundamentals, and a guest professor at CUNY. Accessed Jan. 21, 2021. The White House: President Barack Obama. "Monthly Budget Review: Summary for Fiscal Year 2016." "Obama Administration Auto Restructuring Initiative Chrysler-Fiat Alliance." "EPA Finalizes Affordable Clean Energy Rule, Ensuring Reliable, Diversified Energy Resources While Protecting Our Environment." Board of Governors of the Federal Reserve System. "Statement by the Press Secretary on the Deployment of Additional U.S. Military Personnel to Iraq." (c) GOOD Worldwide Inc. All Rights Reserved. "Designated Financial Market Utilities." Accessed Jan. 21, 2021. President Obama … President Ronald Reagan's Economic Policies, President FD Roosevelt's Economic Policies, the American Recovery and Reinvestment Act. Accessed Jan. 21, 2021. EPA. "Gross Domestic Product, 2nd Quarter 2010 (Third Estimate); Corporate Profits, 2nd quarter 2010 (Revised Estimate)." Accessed Jan. 21, 2021. It reduces carbon dioxide emissions by 32% from 2005 levels by 2030. On August 28, 2012, the Obama administration announced new fuel efficiency standards. President Barack Obama entered office in 2009 to fight the 2008 financial crisis. He immediately launched the ambitious Affordable Care Act, despite the backlash. 1 – Rescued the country from the Great Recession, cutting the unemployment rate from 10% to 4.7% over six years, 2 – Signed the Affordable Care Act which provided health insurance to over 20 million uninsured Americans, 4 – Ordered for the capture and killing of Osama Bin Laden, 5 – Passed the $787 billion America Recovery and Reinvestment Act to spur economic growth during the Great Recession, 6 – Supported the LGBT community's fight for marriage equality, 7 – Commuted the sentences of nearly 1200 drug offenders to reverse “unjust and outdated prison sentences", 9 – Helped put the U.S. ontrack for energy independence by 2020, 10 – Began the drawdown of troops in Afghanistan, 11 – Signed the Deferred Action for Childhood Arrivals allowing as many as 5 million people living in the U.S. illegally to avoid deportation and receive work permits, 12 –Signed the Dodd-Frank Wall Street Reform and Consumer Protection Act to re-regulate the financial sector, 13 – Dropped the veteran homeless rate by 50 percent, 15 – Began the process of normalizing relations with Cuba, 16 – Increased Department of Veteran Affairs funding, 17 – Signed the Credit Card Accountability, Responsibility, and Disclosure Act, 18 – Boosted fuel efficiency standards for cars, 19 – Improved school nutrition with the Healthy Hunger-Free Kids Act, 20 – Repealed the military's “Don't Ask, Don't Tell" policy, 21 – Signed the Hate Crimes Prevention Act, making it a federal crime to assault anyone based on sexual or gender identification, 22 – Helped negotiate the landmark Iran Nuclear Deal, 23 – He signed the Lilly Ledbetter Fair Pay Act to combat pay discrimination against women, 24 – Nominated Sonia Sotomayor to the Supreme Court, making her the first Hispanic ever to serve as a justice, 25 – Supported veterans through a $78 billion tuition assistance GI bill, 26 – Won the Nobel Peace Prize in 2009 “for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples", 27 – Launched My Brother's Keeper, a White House initiative designed to help young minorities achieve their full potential, 28 – Expanded embryonic stem cell research leading to groundbreaking work in areas including spinal injury treatment and cancer. What Has Climate Change Cost Us? CBO. “What Is the Clean Power Plan?” Accessed Jan. 21, 2021. Part of the reason for this increase was the deficit spending he used to stimulate the economy. Accessed Jan. 21, 2021. Health Care-- President Obama's victories in Congress for comprehensive health care coverage as well as his recent win in the Supreme Court, means that many African Americans will benefit. These regulated the riskiest derivatives, like credit default swaps and commodities futures. Mr. Obama's victory, he argued, changed students' perceptions of what they could achieve. But California requires the production of a certain percentage of zero-emissions vehicles, and several other states have adopted at least part of California's standards., On November 6, 2012, Obama won a second term. Obama went to Notre Dame University to deliver a commencement address to try to build a bridge. Accessed Jan. 21, 2021. Page 2. Accessed Jan. 21, 2021. As the first African-American elected President of the United States, Barack Obama became a pivotal figure in American history even before his inauguration. "President Barack Obama." The White House. The Effect of Presidential Economic Policy on the Economy Guide, What Has Obama Done? 14 Significant Accomplishments, President Bill Clinton's Economic Policies, How President Reagan Ended the 1980s Recession, How Carter Created Jobs, Fought Stagflation, and Brokered World Peace, Why Hoover Couldn't End the Depression With Economic Policies. Accessed Jan. 21, 2021. "The Joint Comprehensive Plan of Action (JCPOA) at a Glance." It had three main components: an extension of the Bush tax cuts, a $56 billion extension of unemployment benefits, and a 2% reduction in workers' payroll taxes. What Is the Trans-Pacific Partnership (TPP)? He took office with a country in peril and led it through the Great Recession, two wars, civil unrest, a rash of mass shootings, and changing cultural demographics. How Have Democratic Presidents Affected the Economy? The Nobel Prize. I had the sense that many members of … Accessed Jan. 21, 2021. CBO. Accessed Jan. 21, 2021. Accessed Jan. 21, 2021. In the … Jesse Jackson . Accessed Jan. 21, 2021. On May 1, 2011, Navy SEALs attacked the al-Qaida leader's compound in Pakistan and eliminated Osama bin Laden. Later that year, Obama withdrew troops from the Iraq War. Three years later, renewed threats from ISIS meant troops had to return. The Sunni-Shiite split within Islam means there may always be wars in the Middle East. Here’s What Really Happened.” Accessed Jan. 21, 2021. U.S. Department of the Treasury. The estate tax was exempted (up to $5 million), and there were additional credits for college tuition and children. . 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